PYMNTS

AUGUST 13, 2020

PAAY has rolled out a partner platform to let merchants and payment providers implement and track EMV 3DS, a standard that aims to help prevent unauthorized card-not-present (CNP) transactions, throughout different merchant accounts. In that instance, merchants have to contend with cart abandonment.

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Technology User Experience Fraud Comparison 248

Payments Source

NOVEMBER 17, 2020

The pilot leverages Keyno’s CVVkey technology that uses a dynamic card verification value 2 (CVV2) code to provide a higher level of security against fraud for online and mobile payments.

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Michigan Security Cards Fraud 163

South State Correspondent

JANUARY 22, 2025

Luckily, you can turn to gen AI to help you in your planning, as the strategic process is just one of the many bank processes that bankers can improve with this technology. This article presents our six-step framework for getting started, discusses using AI for strategic planning, and looks at some of its strengths and risks.

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PYMNTS

AUGUST 5, 2020

Tim Horton , head of global merchant security and fraud solutions at Fiserv , told a recent PYMNTS Masterclass that online purchases have more than doubled year on year in the general retail segment, while online grocery sales have surged by 250 percent. The costs of getting it wrong are big, Horton said.

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Security Fraud Data Online 267

PYMNTS

FEBRUARY 7, 2020

The IoT [ Internet of Things ] digital explosion is changing everything that happens around us,” Mastercard Executive Vice President of Security and Cyber Innovation Johan Gerber noted in a recent conversation with Karen Webster. Security is a big deal because vulnerabilities no one has ever even thought of will pop up.

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Security Las Vegas Innovation Leadership 245

PYMNTS

MARCH 18, 2019

Gill asserts that most financial institutions, left to their own devices, may end up following a less than optimal path to innovation, and not because they have selected the “wrong” technology solution, since in Gill’s experience, what’s “wrong” for one FI might be right for another. Technology spend gets mistaken for branch transformation.”.

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Technology Innovation Strategy System 237

Perficient

APRIL 3, 2024

Perficient insurance experts were interviewed for Forrester’s report, “ The Top Emerging Technologies In Insurance, 2024 ,” and discussed technologies expected to emerge in the insurance industry over the next five years, considering them now, and in the short-term, medium-term, and long-term future. Interested in learning more?

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Technology Report social media Industry 221

Perficient

MARCH 17, 2025

The financial services sector is experiencing transformative changes driven by technological advancements and innovative trends. This blog brings together these insights, presenting the top financial services trends for 2025. Risk + Compliance: Control risk, meet regulations, and stay ahead of financial industry changes.

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PYMNTS

JUNE 17, 2019

Smart technology is what makes ordering by voice and remotely monitoring your home possible. Promising as intelligence of things (IoT) solutions are, though, security has been a stumbling block. The June IoT Tracker explores the latest advancements in IoT security and new applications of smart technology.

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Perficient

FEBRUARY 12, 2025

As technology advances and consumer expectations shift, staying ahead of these trends is crucial for success. As these AI technologies evolve, they will transform consumer interactions with payment systems, fostering a more inclusive and sustainable financial ecosystem.

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Trends Payments Compliance blockchain 221

PYMNTS

AUGUST 8, 2020

The bread of social media, like the people who were posting photos of it, always looked its best when presented to the world. Digitization and advances in futuristic technology have gotten all the glory during COVID-19 , but high-tech hasn’t been the only thing skyrocketing during the pandemic.

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social media Trends National New York 218

PYMNTS

JULY 31, 2019

So, why do cross-border payments present so many challenges? Increasingly, payments providers are stepping in creating solutions that solve speed and security issues for companies while maintaining seamless user experiences. B2B Takes a Cue from Consumers.

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Payments blockchain System User Experience 181

PYMNTS

MARCH 25, 2019

Thus, IoT security is becoming an essential part of modern conversations. Department of Homeland Security (DHS) and data security and privacy practice chair of D.C.-based A lot of the devices we’re talking about have no security. They weren’t built with security in mind, and there really isn’t any way to patch them.”.

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Security Data Regulation Washington 205

Perficient

OCTOBER 6, 2020

Keep your crucial legacy applications secure and reduce costs by migrating them to Microsoft Azure with our Application Migration Accelerator. Most companies accumulate legacy applications over time, leading to issues with compliance, security, increasing support costs, and complex performance management. What It Is. What’s Included.

Strategy 429

Strategy Training Analysis Security 429

PYMNTS

JUNE 21, 2018

If data within the Internet of Things (IoT) is not secured properly, it puts people’s overall safety in jeopardy — and it’s not just about loss of sensitive personal data. In fact, according to UL , the even greater threat is that an attacker could take over the functionality of poorly secured devices. Pros and Cons of Regionalization.

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Security Regional Resources Management 197

Abrigo

JULY 27, 2023

Takeaway 1 Regtech uses new technologies such as AI and machine learning to streamline processes that keep organizations compliant. Regulatory technology, or regtech, can improve the efficiency and effectiveness of functions in many workplaces, and banks and credit unions are no exception. Talk to a specialist to learn more.

Technology 195

Technology Fraud Compliance Regulation 195

Abrigo

JULY 27, 2023

Takeaway 1 Regtech uses new technologies such as AI and machine learning to streamline processes that keep organizations compliant. Regulatory technology, or regtech, can improve the efficiency and effectiveness of functions in many workplaces, and banks and credit unions are no exception. Talk to a specialist to learn more.

Technology 195

Technology Fraud Compliance Regulation 195

Perficient

MARCH 1, 2021

Over the years, I’ve sat through (or participated in) countless digital platform/CRM presentations. I’m hard-pressed to think of one presentation that didn’t include the phrase “the right message, to the right person, at the right time.” The challenge is really understanding when the right time is.

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Marketing Training Data US 508

PYMNTS

DECEMBER 31, 2020

Security challenges are mounting, too. PIN-based debit transactions are some of the most secure, but this payment method is being used less and less, with consumers instead turning to eCommerce and in-person contactless payments during the pandemic. The Face of Fraud. Not all CP purchases are equally safe, however.

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Fraud Strategy Security Cards 273

Perficient

FEBRUARY 10, 2021

The pandemic has presented a variety of industries with new challenges in the digital realm, but the healthcare industry is experiencing the most urgent need for rapid digital reinvention. While the healthcare industry has long embraced technology, the demand to innovate and adapt quickly has grown exponentially in 2020 and into 2021.

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Software Innovation Company America 294

PYMNTS

OCTOBER 12, 2020

And online shopping and digital fraud are increasing simultaneously, but merchants can take steps to ensure that debit-based card-not-present (CNP) transactions are kept safe. Data: $5.5M : Amount of funding recently secured by social impact commerce platform ShoppingGives. All this, Today in Data. 92%: Portion of U.S.

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Retail Innovation Technology Online 146

PYMNTS

JANUARY 10, 2020

It can’t be technology for technology’s sake. A year later, as CES is about to wrap up, Visa has said that the service enables payments for gas, parking and tolls, uses tokens to secure transactions, and could open the door to even more payment experiences, including purchases from retail stores by commuters.

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Las Vegas Software Payments User Experience 170

PYMNTS

JUNE 5, 2020

Such solutions can “empower people to control their financial well-being,” Andrew Davies, vice president of global market strategy and financial crime risk management at financial services technology company Fiserv , told PYMNTS in a recent interview. The federal entity is charged with monitoring the U.S. How To Quickly Fight KYC Fraud.

Security 174

Security Fintech Data Fraud 174

South State Correspondent

MARCH 24, 2025

In a previous article ( HERE ) we discussed how a portfolio of commercial loans with various expected average lives resulted in different net present value (NPV) of income over a ten-year period. years (both portfolios measured over a ten-year life). A strong relationship with a client can add years of annual lifetime value to the equation.

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Lending Community Bank Community Management 195

PYMNTS

NOVEMBER 24, 2020

Businesses and financial institutions (FIs) are constantly examining ways to make their customers’ accounts more secure, especially as more consumers go online to make purchases and transact during the ongoing COVID-19 pandemic. A convenient, yet secure solution could be just a few taps away, however.

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Online Report Customer Experience Analytics 272

PYMNTS

MARCH 2, 2020

The hacker exploited a misconfigured security firewall to breach the system and covered her tracks so well that Capital One did not notice the issue for three months. The cloud security space needs to completely rethink its options if such strong systems can still be breached. Traditional Cloud Security Measures Are Not up to Snuff .

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Security Fraud Google Capital 172

PYMNTS

MARCH 10, 2020

A recent study found 32 percent of security incidents in 2019 involved phishing and 29 percent involved stolen credentials, both of which would have been much more difficult had secure digital ID systems been in place. Businesses and organizations are already taking steps to close this security gap. About the Tracker.

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Payments Louisiana Colorado Security 272

Abrigo

FEBRUARY 6, 2025

This staggering amount presents a lucrative opportunity for banks and credit unions to step in and meet the growing need for banking services while supporting businesses within their communities. Imagine the stress of running a thriving enterprise while worrying about security risks tied to cash-intensive operations.

Lending 195

Lending Compliance Community Software 195

PYMNTS

SEPTEMBER 17, 2020

Securities and Exchange Commission ( SEC ) filed an “emergency action” against former NS8 Inc. which is based in Nevada, purportedly provides online retailers with fraud detection and prevention technology, according to the statement. Its complaint charges Rogas with going against the anti-fraud parts of federal securities regulations.

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Nevada Denver Fraud Security 253

PYMNTS

SEPTEMBER 15, 2020

In other news, European Central Bank (ECB) policy makers received a present of the globe’s first so-called “collectible digital coin” by email, Bloomberg reported. Recipients have a full day to accept the present, according to the report. Securities and Exchange Commission (SEC) filing.

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Bitcoin Texas blockchain Florida 238

PYMNTS

SEPTEMBER 29, 2020

Dilip Kumar , Amazon’s vice president of physical retail, told the network the technology had been in the planning stages long before the pandemic. “I The service is designed to be highly secure and uses custom-built algorithms and hardware to create a person’s unique palm signature.”.

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PYMNTS

JANUARY 20, 2020

Now four months in, he told Webster that the idea of a secure and trusted payments ecosystem is part of Visa’s “corporate DNA.” Regardless of the product or initiative, every conversation starts and ends with a single overriding question: “Is it secure?”. Going on the Offense. Consumers are still in love with the old form factor.

Security 168

Security Fraud Risk Management Payments 168

PYMNTS

NOVEMBER 16, 2020

In an interview with PYMNTS, Ragan said technology developments have enhanced the industry’s fraud-fighting strategies, but customer awareness is still a critical component of preventing bad actors from succeeding. Leveraging Advanced Technologies. Bancorp, which is the parent company of U.S. At The Consumer Level.

Fraud 295

Fraud Strategy social media United States 295

PYMNTS

DECEMBER 23, 2019

The same framework should be in place to improve technology used by regulators in efforts to strengthen supervision throughout the industry, the think tank also says. We should not deify artificial intelligence as it could go wrong just like any other technology,” Gang said. billion by 2023, up from an estimated $4.5 trade war.

Regulation 202

Regulation Groups Policies Big Data 202

Bank Innovation

JANUARY 3, 2017

When it comes to fintech, artificial intelligence has a seemingly endless range of possibilities to transform present systems, so long as the AI system that is applied is constructed with the correct values Read More. AI systems may be getting smarter with the ever-expanding flow of data, but are they also getting more ethical?

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Fintech System Data Compliance 353

PYMNTS

OCTOBER 14, 2020

Given today’s realities, adding more technology options is even more critical to ensuring faster payments across the globe," Thelen said, according to the release. Pat Thelen , vice president and North America managing director at Ripple, said both companies understand the necessity of using blockchain to help bolster cross-border payments.

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Payments blockchain Regional America 286

PYMNTS

DECEMBER 29, 2020

The December Next-Gen Debit Tracker® examines how card issuers are working to sharpen their fraud-fighting tools and leverage innovative, machine learning (ML)-based strategies and technologies to keep shoppers safe. Getting security right also means balancing customers’ security and privacy concerns.

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